Rohm (OTCMKTS:ROHCY) Shares Gap Up - Time to Buy?

Key Points

• Rohm's stock price gapped up from $14.07 to $14.74 at market opening, reflecting a 4.7% increase.
• The company reported a revenue of $804.37 million for the quarter, with an earnings per share (EPS) of $0.05.
• Rohm has a market cap of $5.95 billion and maintains a debt-to-equity ratio of 0.34, indicating a relatively low level of debt.

Rohm Co. (OTCMKTS:ROHCY - Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $14.07, but opened at $14.74. Rohm shares last traded at $14.74, with a volume of 1,013 shares trading hands.

Rohm Stock Up 4.7%

The company has a current ratio of 2.56, a quick ratio of 1.63 and a debt-to-equity ratio of 0.34. The firm has a market cap of $5.95 billion, a P/E ratio of -17.33 and a beta of 1.00. The company's 50 day simple moving average is $12.77 and its 200-day simple moving average is $10.80.

Rohm (OTCMKTS:ROHCY - Get Free Report) last posted its earnings results on Monday, August 4th. The technology company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $804.37 million for the quarter. Rohm had a negative net margin of 11.07% and a negative return on equity of 2.51%.

Rohm Company Profile

ROHM Co, Ltd. manufactures and sells electronic components worldwide. The company operates through three segments: LSI, Semiconductor Devices, and Modules. It provides ICs comprising memory, amplifiers and linear, power management, motor/actuator drivers, resistors, clocks and timers, switches and multiplexers, logic, data converters, sensors and MEMS, display drivers, interfaces, wireless LSIs, audio and video products, speech synthesis LSI, and microcontrollers.

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